Essay
The following data are taken from the financial statements of Bar Harbor Company: 
Instructions
(a) Compute the accounts receivable turnover and the average collection period for both years.
(b) What conclusion can an analyst draw about the management of the accounts receivable?
Correct Answer:
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(a) 
(b) The accounts receivable are tur...View Answer
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Correct Answer:
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(b) The accounts receivable are tur...View Answer
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